Browse & Filter Biases

Showing 187 biases.

Not Enough Meaning

We project our current mindset and assumptions onto the past and future

Planning fallacy

Description

The tendency to underestimate the time, costs, and risks of future actions and at the same time overestimate the benefits of the same actions.

Planning fallacy in business decision

A software development team consistently misses deadlines because they underestimate the complexity of tasks and overestimate their own productivity.

Planning fallacy in personal life decision

You estimate you'll finish writing a report in two hours but it ends up taking six.